Automotive Retail
3130 S Crater Rd Petersburg, VA 23805
3130 S Crater Rd, Petersburg, VA, 23805
Contact for pricing
For Sale
Contact for pricing
For sale automotive-oriented property with an 8.25% cap rate, marketed for synergies with nearby auto parts stores.
Property Size8,075 SF
Price / SF$136.84
Days on Market70
Property Features for 3130 S Crater Rd
General Information
- Standard status
- Active
- Size
- 8,075 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1993
Listing agency
Atlantic Capital Partners
(704) 375-7771
Listed by
David Hoppe · License #NC 288268
Source
Crexi
Added: May 13 Updated: Jul 21 at 3:33AM Checked: Jul 21 at 3:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Capital Partners
Investment Insights
Based on property information with market context.
This for-sale automotive-oriented commercial property is listed with an 8.25% cap rate. The property is presented as an automotive retail space and is sized at 8,075 square feet.
The asset is located at 3130 S Crater Rd in Petersburg, VA 23805. The seller’s remarks highlight potential synergies with nearby auto parts stores.
The offering is positioned for investors and operators seeking an automotive-focused retail property, with pricing shown at $1,105,000.
The asset is located at 3130 S Crater Rd in Petersburg, VA 23805. The seller’s remarks highlight potential synergies with nearby auto parts stores.
The offering is positioned for investors and operators seeking an automotive-focused retail property, with pricing shown at $1,105,000.
Key Highlights
- Automotive‑oriented property built in 1993
- Marketed with an 8.25% cap rate
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $137.6k | $17.04 |
| − Vacancy | −$11.7k | −$1.45 |
| EGI | $125.9k | $15.59 |
| − OpEx | −$37.8k | −$4.68 |
| NOI | $88.1k | $10.91 |
8,075 SF · lease $17.04/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.26M
$1.10M – $1.47M
NOI $88,132 @ 7.0% cap · market cap 7.98%
Second Best
Industrial
$731.4K
$640.0K – $853.3K
NOI $51,198 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,592 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
UPS Access Point ...
Courier Service
Advance Auto Parts
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- Tread Setters — 3219 S Crater Rd, Petersburg, VA 23805
- Maaco Auto Body Shop & Painting — 40 Seyler Dr, Petersburg, VA 23805
- VA Window Tint — 3140 S Crater Rd, Petersburg, VA 23805
- Pep Boys — 3120 S Crater Rd, Petersburg, VA 23805
- Walmart Auto Care Centers — 3500 S Crater Rd, Petersburg, VA 23805
FAQs
What type of property is this?
Auto shop - For sale automotive-oriented property with an 8.25% cap rate, marketed for synergies with nearby auto parts stores.
Where is this auto shop located?
The property is located at 3130 S Crater Rd Petersburg, VA.
What is the asking price?
The asking price for this property is $1,105,000.
What are key features of this property?
This property features: Automotive‑oriented property built in 1993; Marketed with an 8.25% cap rate
